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Is healthcare a luxury? An answer to this question in the health economics literature mostly relied on the use of the level of healthcare spending as the explained variable. But by using the level of healthcare spending as the dependent variable, we may fail to identify pure income effects and...
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challenges in the field of time series analysis and forecasting. With the exponential rate of development and evolution of … accuracy in forecasting results while reducing the time required for computation. In this paper, we use the time series data of … different methods of forecasting for predicting the time series index of the healthcare sector. Extensive results are provided …
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Greater data availability has been coupled with developments in statistical theory and economic theory to allow more elaborate and complicated models to be entertained. These include factor models, DSGE models, restricted vector autoregressions, and non-linear models.
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